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Author Topic: Crimes involving crypto have risen  (Read 7300 times)
CarnagexD
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January 20, 2020, 04:22:42 PM
 #481

Every Technology have pros and cons and cryptocurrency have also,Cryptocurrency major hurdle in legality use of illegal activities. Fiat money also used in the illegal purpose like money laundering but government fail to completely stop the money laundering.

Cryptocurrency also can be traced and the illegal transactions can be minimized,New innovation are in pipe line to track the crypto transactions and if government legalize the crypto it will be more easy to discourage the illegal activities of crypto.
Crimes involving cryptocurrency can't be excluded from the equation. People saw an opportunity to use bitcoin and numerous other cryptocurrencies and exploited it to gain an unfair advantage from others while remaining their anonymity. It won't be bad if we out in a few regulation or two just to ensure that transactions using cryptocurrencies are much safer. That way there'll be less people losing money over crimes.

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drachman
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January 22, 2020, 04:00:15 AM
 #482

Crimes will be committed will all types or currencies including government fiat currency.  We can't use that as a reason to ban or over-regulate cryptocurrencies.
But that is exactly what it is going to happen, people are scared of freedom and bitcoin gives us freedom so they will want to regulate it, fortunately for us bitcoin was designed to avoid censorship and it does not matter what they do bitcoin will still be used by many people around the world, besides unless all the countries of the world agree to ban bitcoin then we will always have some place to use our bitcoin and the big holders could always move there and avoid the ban.
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